Trending Meme Coins to Buy Now, December 12 — Notcoin, dogwifhat, Bonk
Release: 2024/12/12 22:52 Reading: 360
Savvy investors constantly study trending meme coins for the most profitable options. Today, we highlight several tokens that look bullish on leading DEX platforms. These tokens have witnessed a surge in interest, fueled by notable market activity and investor enthusiasm.
This article emphasizes the drivers behind the popularity of these tokens, explaining why they stand out as excellent investment opportunities and outlining their potential for massive returns. Read on to discover how to tap into these trending tokens and maximize your investment potential.
Trending Meme Coins to Buy Now
Our analysis provides valuable insights into assessing the profit potential of trending cryptocurrencies. It highlights Notcoin, dogwifhat, and BONK as options worthy of further examination. These low-cap tokens are known for their real-world utilities and have gained traction due to their impressive recent performance.
Additionally, Pepe Unchained garnered significant attention with a remarkable 107% price surge within 24 hours of its launch, reaching $0.02156 as of 11:00 p.m. EST on December 10. This growth was fueled by trading volume skyrocketing to $21.3 million following its highly anticipated presale launch on Uniswap on December 10. Even though PEPU's presale is over, there is still time for investors to capitalize on the current rate. Read on to learn more and make informed investment decisions.
- Notcoin (NOT)
Notcoin has quickly gained attention as a unique entry point into the Web3 world, starting as a popular Telegram game. Its simple tap-to-earn mining system allows users to earn $NOT tokens by playing games, exploring Web3 products, and contributing to the ecosystem’s growth. This straightforward approach encourages community participation, making Web3 technology accessible to a broader audience. Additionally, developers can use Notcoin campaigns to showcase their Web3 products, reaching more users and driving adoption.
Regarding price action, Notcoin has demonstrated the significance of technical patterns in shaping market sentiment. The recent breakout from a falling wedge pattern—a widely trusted indicator of bullish reversals—highlights growing optimism. With a projected price target of $0.12, representing a 76.25% potential upside, the outlook for $NOT appears promising.
This bullish trend is further supported by improving technical indicators, which add credibility to the breakout. If $NOT surpasses intermediate resistance levels, it could attract increased attention from traders and investors. However, risks remain. Failure to hold key support levels or break out of the consolidation range could lead to a price retracement, requiring careful monitoring of market movements.
Looking ahead, forecasts suggest significant gains for Notcoin by early 2024. With a potential high of $0.036956—marking a 333% increase from current levels—the token has caught the interest of many in the crypto space.
Notcoin's community-focused model and seamless engagement with Web3 technology make it a standout project. As the crypto space grows, Notcoin's simplicity, utility, and growth potential make it an exciting prospect.
- dogwifhat (WIF)
Dogwifhat ($WIF), a meme coin inspired by an adorable dog wearing a hat, has captured the interest of crypto enthusiasts. The token consolidates within a falling wedge pattern, a technical setup often hinting at a breakout. Bulls are targeting a significant 175% gain from the Point of Control (PoC) value zone, and rising trading volume adds momentum to this outlook.
Moreover, Dogwifhat has secured partnerships with major players in the cryptocurrency exchange space, including Binance, Bybit, BYDFi, OKX, and DOEX. These collaborations boost $WIF's accessibility, providing multiple avenues for users to trade and invest.
In terms of market performance, $WIF has shown remarkable growth. Just three months ago, the token traded at $1.4462. Since then, it has surged by an impressive 111.589%, reaching $3.0 today. With a total supply of 998.84 million tokens—all in circulation—investors face no inflationary risk from additional token issuance.
Despite its strong growth, sentiment around $WIF remains bearish for now. Interestingly, the Fear & Greed Index scores an “Extreme Greed” sentiment of 83 among market participants. Over the past 30 days, $WIF has recorded 15 green days, reflecting a 50% success rate in daily price increases.
Dogwifhat is also listed on major exchanges like Binance, which enhances its liquidity and accessibility. While the current price outlook remains neutral, the increasing trading volume and growing market interest make $WIF a token worth monitoring closely.
On the technical side, analysts suggest that if the current trend continues, $WIF could reach resistance levels of $3.908 and $4.436. As a low-cap token with steady liquidity and trading volume, Dogwifhat offers potential opportunities for traders and investors looking for short-term gains.
- Pepe Unchained (PEPU)
Pepe Unchained ($PEPU) has taken the crypto market by storm, soaring 105% in just 24 hours to reach $0.4683 as of 2:50 a.m. EST. This remarkable surge, coupled with a 40% increase in trading volume to $33.69 million, has made it the No. 1 trending cryptocurrency on CoinMarketCap today. Having launched on December 10, PEPU has already made a splash with its highly successful ICO, raising $74 million to hit its hard cap.
Since its debut, investors and traders have shown immense confidence in Pepe Unchained, which could rival PEPE, the third-largest meme coin by market cap. A key factor behind this enthusiasm is PEPU's innovative approach—it is the first Pepe-themed meme coin to introduce its own Layer-2 blockchain. The project has announced features like a dedicated block explorer, new meme coins launching on its network, and various on-chain activities within its ecosystem.
PEPU's price trajectory has been nothing short of impressive. It has climbed 385% over the past two days and reached an all-time high (ATH) of $0.05292 about 14 hours ago. Although the token corrected by 12% and is now testing resistance at $0.05, its overall performance highlights strong investor interest.
With its phenomenal ICO success and rapid post-launch growth, Pepe Unchained is poised to inspire a wave of new meme coin projects. Its Relative Strength Index (RSI) has fluctuated between neutral (50) and overbought levels (70–80), indicating potential for further upward movement. Currently sitting at 60, the RSI suggests that PEPU still has room to grow.
However, the pace of buying has slowed, signaling a slightly weaker bullish momentum. Despite this, PEPU maintains strong market sentiment. With Bitcoin recently breaking above $100k, the altcoin market could gain further traction, creating favorable conditions for PEPU to overcome its current resistance level.
- Bonk (BONK)
Bonk (BONK) is making waves in the Solana ecosystem, drawing attention for its community-driven initiatives and recent market performance. Launched in December 2022, BONK has grown through innovative projects like BONKbot and BONKSwap. Moreover, introducing “BURNmas,” a token-burning event aimed at reducing up to 1.3% of BONK's circulating supply, has further enhanced its appeal. This event, set to end on Christmas Day, could increase scarcity and boost the token's value.
Currently priced at $0.00003902, BONK has shown resilience amidst market fluctuations, recording a 3.37% rise in the last 24 hours. This uptick reflects growing investor interest and hints at BONK's potential as a promising investment. Following a bearish phase where it found support around $0.00002, a proposal to reduce its supply has revived confidence, lifting its market cap and signaling a shift toward bullish sentiment.
Recent developments have added to BONK's momentum. It has outpaced other meme coins in the Solana network, such as WIF, BOME, and SLERF. Additionally, BONK's listing on the on-chain data platform Xangle allows users to monitor its supply and exchange listings in real time.
One of BONK's standout moves was the April decision by the BONK DAO to burn 278.39 trillion tokens, which received near-unanimous approval with 99.9% of voters in favor. Historically, token burns have positively impacted prices, reflecting strong investor trust in such strategies. Additionally, BONK has recently opened deposits on Binance.US, with trading for the BONK/USDT pair commencing on October 13 at 6 a.m. EST.
BONK has strategic initiatives, growing investor interest, and community-focused projects. It is definitely a token to watch, particularly for those seeking opportunities in the meme coin space.
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Trending Meme Coins To Watch
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